Archives for October 2019
Concho aims to right the ship after disastrous previous results
Midland’s Concho Resources reported a rising profit and increased oil production for the third quarter, helping to right the ship after disastrous results earlier this year. Source: FuelFix
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Oil steady as traders weigh stockpile gain, deeper output cuts
Oil held steady as traders weighed a report of rising stockpiles at a U.S. storage hub against signs that Saudi Arabia is willing to make deeper production cuts. Source: FuelFix
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French half of TechnipFMC split reveals new company name
The French half of Houston and Paris oil field service company TechnipFMC has revealed its new company name months ahead of an anticipated split that will create two publicly traded companies. Source: FuelFix
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Offshore, LNG buoy Baker Hughes in third quarter
Offshore work and liquefied natural gas projects helped to buoy Houston oil field service company Baker Hughes during the third quarter. Source: FuelFix
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Consumer electricity complaints up in Texas
Electricity complaints filed by Texas consumers increased for the second consecutive year and now stand at a four-year high, according to a new study. Source: FuelFix
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